Robinsons Retail Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023
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Robinsons Retail Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 46,385 million compared to PHP 42,944 million a year ago. Net income was PHP 1,262 million compared to PHP 1,557 million a year ago. Basic earnings per share from continuing operations was PHP 0.86 compared to PHP 1.04 a year ago.
For the six months, sales was PHP 90,978 million compared to PHP 82,367 million a year ago. Net income was PHP 1,799 million compared to PHP 2,737 million a year ago. Basic earnings per share from continuing operations was PHP 1.22 compared to PHP 1.83 a year ago.
Robinsons Retail Holdings, Inc. is a Philippines-based multiformat retailer. The Company's divisions include Supermarket, Department Store, Do-It-Yourself (DIY), Convenience Store, Drug Store and Specialty Store. The Supermarket division operates under five formats: Robinsons Supermarket, Robinsons Easymart, The Marketplace, Shopwise and No Brand. The Department Store division includes Robinsons Department Store, which offers local and international brands that are grouped into categories, such as shoes, bags and accessories (including beauty and personal care), ladies' and men's wear, children's wear, household items and others. The DIY division includes brands, such as Handyman Do it Best, True Value and True Home. The Convenience Store division operates Uncle John's, which is a 24-hour convenience store chain. The Drug Store division operates three formats: South Star Drug, Rose Pharmacy and TGP. The Specialty Store division is the lifestyle arm of the Company.
ROBINSONS RETAIL HOLDINGS, INC. 
